K.K.R. to Buy Internet Brands for $1.1 Billion — The private equity firm Kohlberg Kravis Roberts has agreed to buy Internet Brands, which operates a portfolio of websites and software, in a bet that it can help the company expand its services. — The deal, which Internet Brands is expected …

Pirate Bay Founder Arrested in Sweden — Peter Sunde has been on the run since 2012, when he was sentenced to jail time for breaching copyright laws. — Peter Sunde, one of the founders of file-sharing website Pirate Bay, was arrested in Sweden this past weekend to serve an outstanding sentence for copyright violations.

Management isn't journalism's strong suit — And running a newsroom is hard and getting harder — Newsrooms have long hired and promoted based on journalistic chops, and often that alone. The problem, of course, is what makes for a great reporter doesn't necessarily make for a great boss.

Hachette Chief Leads Book Publishers in Amazon Fight — As a young book editor at Little, Brown & Company in 1992, Michael Pietsch paid $80,000 — $45,000 more than the next-highest bidder — for a postmodern novel by a little-known writer named David Foster Wallace.

Time Inc. Buys Family Organizer App Maker Cozi Inc. — Real Simple publisher Charlie Kammerer to manage advertising for the product. — Add another acquisition to Time Inc.'s pre-spinoff checklist. The company announced today that it acquired Seattle-based Cozi Inc., maker of a family-oriented calendar, organizer and planning app.

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